AutoNation
238 hedge funds and large institutions have $2.45B invested in AutoNation in 2019 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 66 increasing their positions, 92 reducing their positions, and 32 closing their positions.
38% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 32
17% more capital invested
Capital invested by funds: $2.1B → $2.45B (+$355M)
4% more funds holding
Funds holding: 229 → 238 (+9)
0.51% more ownership
Funds ownership: 65.25% → 65.77% (+0.51%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
28% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 92
45% less call options, than puts
Call options by funds: $6.66M | Put options by funds: $12.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$74M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$73.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$29.5M |
| 4 |
Goldman Sachs
New York
|
+$20.6M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gates Foundation Trust
Kirkland,
Washington
|
-$67.8M |
| 2 |
MG
Magnolia Group
Omaha,
Nebraska
|
-$45.5M |
| 3 |
BA
Bridgewater Associates
Westport,
Connecticut
|
-$15.7M |
| 4 |
Bank of New York Mellon
New York
|
-$10.4M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$7.72M |
AN Hedge Fund Activity: Q2 2019 in Review
238 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in AutoNation (AN) for Q2 2019, worth a combined $2.45B — up 17% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new AN positions and 32 closed out — a net gain of 12 holders — while 66 added to existing stakes and 92 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $74M. The largest seller was Gates Foundation Trust, exiting entirely with an estimated $67.8M sold.
- 238 institutional investors held AutoNation (AN) as of Q2 2019, up from 229 in Q1 2019.
- Funds reported $2.45B of AutoNation stock for Q2 2019, up 17% quarter-over-quarter.
- 44 funds opened new AutoNation positions in Q2 2019 and 32 closed out, a net change of +12 holders.
- The largest AutoNation buyer in Q2 2019 was Fidelity Investments, an estimated $74M added.
- The largest AutoNation seller in Q2 2019 was Gates Foundation Trust, an estimated $67.8M sold.
Based on aggregated 13F filings for Q2 2019.